Planet Farms Uk Ltd

Planet Farms Uk Ltd, based in London, UK, is a small holding company with an active status, established four years ago. The company employs three people and holds £128,437 in assets, operating from a real address and managed by one director and owner. It's a regular importer of edible vegetables and roots, with four months of import activity recorded, the latest in November 2024.

The company’s website, Planet Farms, paints a picture of a vertically integrated agricultural operation. It emphasizes a commitment to sustainable farming practices, aiming to bring “taste into the world without depriving the planet of its resources.” The site highlights a focus on innovation, responsible practices, and growing with taste, showcasing a range of values and a vision for the future. It’s clear they’re aiming to disrupt traditional agriculture with vertical farming techniques.

Financially, Planet Farms Uk Ltd presents a mixed picture. Cash reserves have significantly decreased, dropping 56% to £89,000. Creditors have dramatically reduced, falling 100% to -£13,000, which is unusual. Net assets have improved considerably, rising 130% to £150,000, a positive sign. However, the company’s property, plant, and equipment has decreased by 20%, suggesting potential asset depreciation or sales. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash and increase in liabilities warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It appears Planet Farms Uk Ltd is navigating a period of transition. While the website projects an innovative and ambitious vision, the financial data suggests the company is burning through money, possibly reinvesting heavily in its vertical farming operations. It's possible the company is facing challenges scaling up its business or securing additional funding.

Registered in England/Wales under the registration number 12979254, with a registered address at W11 3JY, United Kingdom, London, 9 Pembridge Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.